In the news: Naira reverses gain
Punch Naira reverses gain, closes at 370/dollar The naira closed at 370 per United States dollar at the parallel market on Friday, reversing the modest gain it recorded on Thursday. Forex: 700 BDCs under threat over low patronage No fewer than 700 Bureau De Change operators have come under threat as purported uncompetitive exchange rate […]
Fire your Landlord- own your own home!
Ordinarily, Fred’s family and the landlord’s should not have any reason to clash since both duplexes were detached with a separating wall and different gates. However, it seemed like they were still too close. The complaints never ended, from accusations of noise disturbance to exposure to danger because of Fred’s frequent late return from work. […]
FOMO: Should we really be afraid or not?
F.O.M.O /ˈfəʊməʊ/ (fear of missing out) An all-consuming feeling that you’re missing out on something your peers are doing or are in possession of, often aroused by posts seen on social media. FOMO is such a global phenomenon that it was added to the Oxford dictionary in 2013. That’s just how big a deal it […]
In the news: Oil production cost drops by 71%
Guardian CBN’s power, airline interventions hit N277 billion Development interventions by the Central Bank of Nigeria (CBN) in the power and aviation sectors have reached N277.4 billion cumulatively between September 2016 till June 2017, with repayments by the operators trailing progressively. London stockbrokers eye investment opportunities in NCM Stockbrokers on the London Stock Exchange (LSE) […]
In the news: Nigeria-India Trade Volume Hits $10bn
Guardian CBN injects $364m into inter-bank forex market The Central Bank of Nigeria (CBN) yesterday intervened in the inter-bank foreign exchange market to the tune of $364 million in a bid to sustain liquidity. Nigeria’s mutual funds attract local, foreign investors The Securities and Exchange Commission (SEC) has said the total Asset Under Management (AUM) […]
Nigeria’s Socio-Political Milieu: Just before that sigh of relief
Take nothing away from Niger Delta and North-Eastern milestones After stalling for months, the National Assembly finally passed the nation’s 2017 budget in May 2017—albeit coming after a slight alteration in size to N7.44 trillion (vs. N7.28 trillion in FG’s initial recommendation). In line with clause 11 of the bill, the budget is also expected […]
JOB HUNTING TIP 2: Say the truth and nothing but!
Dear job hunter, are you prepared for that moment in your job hunting quest you sit face to face with an intended employer? Preparation involves crossing all your Ts and dotting all your Is; and one of the first things to get sorted is the accuracy of the information on your documents/resume. In this video, […]
In the news: Investors anticipate N62.4bn maturing T-Bills
Punch Police exit threatens N6.4tn pension funds A bill to amend the Pension Reform Act 2014 that will lead to the exclusion of members of the Nigeria Police Force, the Nigerian Security and Civil Defence Corps, Nigeria Customs Service, Nigerian Prison Service, Nigeria Immigration Service and the Economic and Financial Crimes Commission from the Contributory […]
A rewarding investment…
They say August is the month of new beginnings. Well, maybe it is. August is however also holiday month for a lot of people. It is the time to travel with the children, put them in summer camps or have those schooling abroad come home for some family time. While occupying children during the holiday […]
In the news: External reserve hits 2 year high
Punch FG approves MTEF, targets 7% growth by 2020 The Federal Executive Council on Wednesday approved the 2018-2020 Medium-Term Expenditure Framework and Fiscal Strategy Paper, which hopes to achieve seven per cent growth rate by 2020. FEC approves domestic debt refinancing into $3bn T-bills The Federal Executive Council on Wednesday approved the refinancing of the […]
